Rio Tinto offer for Alcan: Australian Competition & Consumer Commission clearance received

Rio Tinto welcomes the Australian Competition & Consumer Commission’s announcement today that it will not intervene in the proposed acquisition of Alcan Inc. by a subsidiary of Rio Tinto. 

Receipt of the ACCC’s approval, and other regulatory clearances, is a condition to Rio Tinto’s offer to acquire the outstanding shares in Alcan Inc.

About Rio Tinto

Rio Tinto is a leading international mining group headquartered in the UK, combining Rio Tinto plc, a London listed company, and Rio Tinto Limited, which is listed on the Australian Securities Exchange.

Rio Tinto’s business is finding, mining, and processing mineral resources. Major products are aluminium, copper, diamonds, energy (coal and uranium), gold, industrial minerals (borax, titanium dioxide, salt, talc) and iron ore. Activities span the world but are strongly represented in Australia and North America with significant businesses in South America, Asia, Europe and southern Africa.